13. QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

12 Months Ended

Dec. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

Summarized quarterly results for the years ended December 31, 2015 and 2014 (in thousands, except per share amounts):

For the year ended December 31, 2015
	4th Quarter	3rd Quarter	2nd Quarter	1st Quarter
Total revenue	$                -	$                 -	$                  -	$                  -
Net loss	$      (2,534)	$       (2,572)	$        (2,097)	$        (2,475)
Basic and diluted loss per share	$        (0.05)	$         (0.05)	$          (0.04)	$          (0.05)
For the year ended December 31, 2014
	4th Quarter	3rd Quarter	2nd Quarter	1st Quarter
Total revenue	$                -	$                 -	$                  -	$                  -
Net loss	$      (2,937)	$       (3,601)	$        (3,060)	$        (4,431)
Basic and diluted loss per share	$        (0.06)	$         (0.08)	$          (0.06)	$          (0.09)